Press Releases

Washington, D.C.- U.S. Representative Ted Budd (NC-13) released the following statement to honor the 18th anniversary of the attacks of September 11, 2001: "After 18 years, it is important to revisit what we really mean when we say Never Forget. Of course we will never forget the fear that gripped our hearts, the horror that shook us to our core, the sorrow that filled our souls. But we must also hold in our memories the heroes who stormed into burning buildings to save people they had never met...
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Washington D.C. – U.S. Representative Ted Budd (R-NC) released the following statement after introducing the Virtual Apprenticeship Tax Credit Act of 2019: “Almost half of employers across the U.S. have difficulties finding workers due to a lack of technical competencies. Unfortunately, the popular culture has ingrained in young people that a traditional associate or bachelor’s degree is the only viable post-high school option. However, this narrative is severely flawed, and this widespread noti...
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Today, Rep. Ted Budd (R-NC) was honored by National Taxpayers Union (NTU) for having one of the strongest voting records in Washington, D.C. on supporting lower taxes, limited government, and economic freedom. Rep. Budd was one of only 17 House members to earn the “Taxpayers’ Friend Award” for their outstanding voting record during the 2018 Congressional session. Rep. Budd said: "It is a true honor to receive NTU's Taxpayers' Friend Award for the second year in a row. NTU's standards are high, s...
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Washington, D.C.- U.S. Representative Ted Budd (NC-13) released the following statement after sending a letter to the Securities and Exchange Commission Chairman Jay Clayton calling for disclosure frequency reform: "The current financial disclosure regime public companies face has negatively impacted the competitiveness of American companies in the global marketplace. While the UK, Australia, and many European countries have right-sized public disclosure frequency to allow for greater participat...
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Washington D.C. - Representative Ted Budd (NC-13) released the following statement after sending a letter to Germany’s Federal Minister of Foreign Affairs, Heiko Maas, asking him to designate Hezbollah’s political wing a terrorist organization: “It is disappointing that the German Parliament failed to pass a law in June declaring Hezbollah’s political wing a terrorist organization. Hezbollah is a radical Islamic militant group and poses an existential threat around the world. It has a long histo...
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Washington, D.C. - U.S. Representative Ted Budd (R-NC) released the following statement after introducing H.R. 3964, the Justice for Victims of Sanctuary Cities Act with Rep. Bradley Byrne (R-AL). The bill would allow the victims of crimes committed by illegal immigrants to sue sanctuary cities if that’s where the crime occurred. Senator Thom Tillis (R-NC) introduced the Senate Companion, S. 2059, earlier this month. “I’ve been following sanctuary cities for some time now and the effects that th...
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Washington, D.C. - U.S. Representative Ted Budd (R-NC) released the following statement after introducing H.R. 3182, a bill to delay the Current Expected Credit Loss, or CECL, accounting standards until the completion of a quantitative impact study: “I never knew when I took office that the implementation of accounting standards would prove to be such an important issue, yet I’ve been pleased to see it provide so many opportunities for working across the aisle in this hyper-partisan era. The Fin...
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Washington, DC -- U.S. Representative Ted Budd released the following statement regarding House Resolution 435, a resolution commemorating and honoring the sacrifice of the Montagnard people during the Vietnam War: “During the Vietnam War, U.S. Special Forces soldiers partnered with Vietnamese tribesmen, known as the Montagnards, in their fight against Communism. Some 61,000 Montagnards fought side-by-side our soldiers in Vietnam's mountain highlands. These soldiers were tough, versatile, and re...
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Washington, D.C. - Representative Ted Budd (NC-13) released the following statement after the Lifetime Income Disclosure Act, which would require a lifetime expected income disclosure on retirement savings benefit statements, passed the House of Representatives: “I’m pleased that we were able to introduce this important bipartisan legislation and I want to thank Representative Mark Pocan (WI-2) for his leadership on this bill in particular,” said Congressman Ted Budd. “The Lifetime Income Disclo...
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